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by David B. Magleby, Kristina Gale, Betsey Gimbel Hawkins, and Richard Hawkins
In spite of the BCRA ban on party soft money, soft money managed to find its way back into the political system, mainly through “527” organizations. During the 2004 presidential and congressional campaigns we saw tremendous growth in the number of these groups, their fundraising and their electioneering activities. Shortly after the 2004 elections, bipartisan legislation to bring “527” organizations within campaign finance laws was introduced in the U.S. House and Senate.